PSG out of Coutinho race after negotiations failNovember 1, 2017
Paris Saint Germain have pulled out of the race to sign Liverpool play maker Philippe Coutinho, according to reports.
Whilst Barcelona remain favourites for any potential Coutinho exit from Anfield – French side PSG have also been linked.
Coutinho has been in superb form this season after returning to fitness, following a back injury and both Barca and PSG have looked to further their interest from the summer.
The Catalan side came close to agreeing a deal with Liverpool to sign the Brazilian international but were put off by the asking price.
They will return with a new and improved bid either in January or next summer, according to reports and they will now be buoyed after reports emerged that PSG officials have ended their hopes of making a move.
Having discussed with Coutinho’s representatives a potential move – it is understood that two notes have stopped any progression.
Firstly, PSG are under high scrutiny from FIFA’s Financial Fair Play ruling and could face a ban from European competition if they do not balance the books, following mega money moves for Kylian Mbappe and Neymar.
Secondly, it is understood that early discussions were rejected by Coutinho himself, who has his heart firmly set on moving to the Camp Nou.